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Average Ratings 0 Ratings

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features
design
support

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Description

Pactum, an AI-powered product, automates and optimizes negotiation processes to achieve better agreements. It focuses on low-cost, high-volume agreements that are often unmanaged or renegotiated with high costs. Pactum's goal is to increase profitability by 4.2% on average using advanced AI technology. Pactum clients' negotiation processes are 71% automated on average. This means that there is no need for human intervention, saving both time and resources. It can negotiate thousands of deals at once, allowing users the ability to engage their entire long tail simultaneously.

Description

ProRFx® is the leading bid management solution that combines advanced features with user-friendly functionality. With the aid of templates and cutting-edge technologies such as hyperconvergence, hyper-automation, and artificial intelligence, even beginners can effortlessly produce comprehensive solicitations, including Requests for Proposals, in under five minutes. The platform also automates the scoring and tabulation processes, offering insights for the entire bid, line items, and ordinal rankings. One of the standout features of ProRFx® is its ability to ensure compliance with your organization's policies by automatically incorporating the necessary forms, documents, and content specific to each type of solicitation. Users will no longer need to hunt for the latest versions of essential documents like Terms & Conditions or worry about the requirement of an Anti-Lobbying Agreement—ProRFx® handles all these tasks, driving remarkable efficiencies and reducing costs. Furthermore, it simplifies the organization of in-person or virtual meetings, such as Pre-Bid sessions, making the entire bidding process seamless and efficient.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

No images available

Screenshots View All

Integrations

Coupa Yes 
SAP Ariba Yes 
Synertrade Yes 

Integrations

Coupa No 
SAP Ariba No 
Synertrade No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version Yes 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Pactum

Founded

2019

Country

United States

Website

pactum.com

Vendor Details

Company Name

WorldERP

Founded

2008

Country

United States

Website

www.worlderp.com/solutions

Product Features

Artificial Intelligence

Chatbot No 
For Healthcare No 
For Sales No 
For eCommerce No 
Image Recognition No 
Machine Learning No 
Multi-Language No 
Natural Language Processing No 
Predictive Analytics No 
Process/Workflow Automation No 
Rules-Based Automation No 
Virtual Personal Assistant (VPA) No 

Procurement

Asset Management No 
Auction Management No 
Bid Management Yes 
Budget Management No 
Catalog Management No 
Contract Management Yes 
Inventory Management No 
Invoice Processing No 
PunchOut No 
Purchase Order Management No 
Receiving No 
Requisitions & Approvals No 
Sourcing Management Yes 
Spend Management No 
Supplier Management No 

Product Features

Procurement

Asset Management Yes 
Auction Management Yes 
Bid Management No 
Budget Management Yes 
Catalog Management Yes 
Contract Management Yes 
Inventory Management Yes 
Invoice Processing Yes 
PunchOut Yes 
Purchase Order Management Yes 
Receiving Yes 
Requisitions & Approvals Yes 
Sourcing Management Yes 
Spend Management Yes 
Supplier Management Yes 

RFP

Bid Management No 
Collaboration No 
Content Management No 
Data Import / Export No 
Due Date Tracking No 
Knowledge Library No 
Progress Tracking No 
RFP Creation No 
RFP Responding No 
Requirements Management No 
Task Management No 
Templates No 
Vendor Management No 

Alternatives

Alternatives